Miniso Group Holding Ltd (MNSO) — Working Capital to Net Assets Ratio
Miniso Group Holding Ltd (MNSO) has a Working Capital to Net Assets ratio of 52.4% as of December 2025. Working capital of $5.62 Billion (current assets of $14.10 Billion minus current liabilities of $8.48 Billion) is measured against net assets of $10.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MNSO equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Miniso Group Holding Ltd Working Capital to Net Assets (2017–2025)
This chart shows how Miniso Group Holding Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 52.4%, reflecting working capital of $5.62 Billion against net assets of $10.73 Billion USD. Check Miniso Group Holding Ltd (MNSO) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Miniso Group Holding Ltd (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Miniso Group Holding Ltd from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Miniso Group Holding Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 52.4% | $5.62 Billion | $10.73 Billion | $14.10 Billion | $8.48 Billion | ▼ -4.9 pp |
| 2024 | 57.2% | $5.93 Billion | $10.36 Billion | $11.66 Billion | $5.73 Billion | ▼ -7.2 pp |
| 2023 | 64.4% | $5.92 Billion | $9.19 Billion | $10.33 Billion | $4.41 Billion | ▲ +3.5 pp |
| 2022 | 61.0% | $4.28 Billion | $7.03 Billion | $8.07 Billion | $3.79 Billion | ▼ -25.0 pp |
| 2021 | 85.9% | $5.72 Billion | $6.65 Billion | $9.20 Billion | $3.48 Billion | ▲ +0.0 pp |
| 2020 | 85.9% | $5.72 Billion | $6.65 Billion | $9.20 Billion | $3.48 Billion | ▲ +605.0 pp |
| 2019 | -519.1% | $1.68 Billion | $-323.05 Million | $4.99 Billion | $3.31 Billion | ▲ +591.4 pp |
| 2018 | -1110.6% | $1.27 Billion | $-113.97 Million | $4.51 Billion | $3.25 Billion | ▼ -1178.8 pp |
| 2017 | 68.3% | $385.46 Million | $564.61 Million | $3.08 Billion | $2.69 Billion | — |